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When it comes to achieving significant sustainability gains, an international retail giant has unique opportunities to cut energy use. With a total of 4,500 sites, Walmart’s commitment to efficiency in parking lighting in new construction and retrofits is paying off in major savings.

As a result of its lighting upgrades Walmart received individual Lighting Energy Efficiency in Parking (LEEP) Campaign awards for a superstore, a neighborhood market and a Sam’s Club. Across 100 stores including both new and retrofitted sites, over 40 million square feet in surfaces for parking and over 100,000 parking spaces, Walmart is saving over 15 million kWh each year as a result of lighting upgrades.

The goal of the study was to determine the extent to which empirical evidence gathered via existing studies demonstrates that efficiency contributes to better financial performance.

Over 50 relevant studies from the market were reviewed and compiled into this summary.

While this review originally sought to cover all research on energy efficiency and financial performance, the final product focuses on “green labeled” buildings. The majority of research to date uses LEED or ENERGY STAR certifications as the means of distinguishing between efficient or sustainable buildings and conventional buildings. Specific energy efficiency measures, while proven to result in energy cost savings, have not yet been extensively evaluated for broader impacts.

This study does not represent new analysis conducted by DOE. It is a comprehensive survey and summary of the current body of research on the impacts of green labels on key components of commercial buildings’ operating statements. It does not exclude any studies or evaluate the quality of analysis.